MFS Non Current Liabilities Total vs Non Currrent Assets Other Analysis

CMU Stock  USD 3.56  0.01  0.28%   
MFS High financial indicator trend analysis is infinitely more than just investigating MFS High Yield recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MFS High Yield is a good investment. Please check the relationship between MFS High Non Current Liabilities Total and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in MFS High Yield. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Non Current Liabilities Total vs Non Currrent Assets Other

Non Current Liabilities Total vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MFS High Yield Non Current Liabilities Total account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between MFS High's Non Current Liabilities Total and Non Currrent Assets Other is 0.4. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of MFS High Yield, assuming nothing else is changed. The correlation between historical values of MFS High's Non Current Liabilities Total and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of MFS High Yield are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Non Current Liabilities Total i.e., MFS High's Non Current Liabilities Total and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Liabilities Total

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from MFS High's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MFS High Yield current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in MFS High Yield. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Enterprise Value is likely to gain to about 197.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 245.9 K in 2024.
 2021 2022 2023 2024 (projected)
Net Interest Income6.2M5.1M4.6M6.0M
Interest Income7.7M8.1M9.3M6.4M

MFS High fundamental ratios Correlations

0.850.770.80.040.15-0.480.05-0.350.021.00.650.310.170.10.880.930.43-0.760.590.840.570.22-0.76-0.250.74
0.850.881.0-0.140.16-0.860.13-0.46-0.140.860.320.110.20.040.530.60.38-0.540.430.520.40.31-0.54-0.270.6
0.770.880.88-0.32-0.11-0.77-0.18-0.1-0.010.780.450.250.51-0.20.520.580.67-0.550.580.460.450.56-0.56-0.590.72
0.81.00.88-0.160.17-0.890.14-0.47-0.170.810.260.080.190.050.460.530.37-0.50.390.440.390.32-0.5-0.260.57
0.04-0.14-0.32-0.160.20.410.77-0.52-0.620.04-0.280.06-0.440.20.170.11-0.580.2-0.440.110.08-0.880.250.57-0.58
0.150.16-0.110.170.2-0.130.51-0.34-0.070.14-0.15-0.24-0.870.99-0.020.07-0.240.02-0.19-0.040.16-0.40.070.47-0.1
-0.48-0.86-0.77-0.890.41-0.13-0.050.340.13-0.49-0.010.13-0.20.0-0.07-0.14-0.320.23-0.22-0.09-0.14-0.420.230.27-0.43
0.050.13-0.180.140.770.51-0.05-0.68-0.620.05-0.55-0.25-0.60.44-0.06-0.06-0.610.29-0.69-0.06-0.07-0.860.320.64-0.57
-0.35-0.46-0.1-0.47-0.52-0.340.34-0.680.43-0.350.190.30.41-0.25-0.15-0.170.610.030.24-0.16-0.180.5-0.01-0.650.19
0.02-0.14-0.01-0.17-0.62-0.070.13-0.620.430.010.57-0.210.230.020.090.170.36-0.310.250.120.160.47-0.28-0.320.51
1.00.860.780.810.040.14-0.490.05-0.350.010.650.30.180.090.880.920.43-0.760.590.840.560.22-0.76-0.250.74
0.650.320.450.26-0.28-0.15-0.01-0.550.190.570.650.280.37-0.10.780.790.54-0.740.770.780.360.49-0.7-0.420.82
0.310.110.250.080.06-0.240.13-0.250.3-0.210.30.280.28-0.210.410.420.49-0.140.520.420.290.27-0.26-0.420.25
0.170.20.510.19-0.44-0.87-0.2-0.60.410.230.180.370.28-0.880.220.180.63-0.270.410.210.070.66-0.31-0.790.46
0.10.04-0.20.050.20.990.00.44-0.250.020.09-0.1-0.21-0.88-0.010.08-0.230.03-0.19-0.040.17-0.40.080.47-0.1
0.880.530.520.460.17-0.02-0.07-0.06-0.150.090.880.780.410.22-0.010.970.38-0.810.610.950.440.12-0.81-0.220.68
0.930.60.580.530.110.07-0.14-0.06-0.170.170.920.790.420.180.080.970.45-0.770.620.910.610.17-0.78-0.250.72
0.430.380.670.37-0.58-0.24-0.32-0.610.610.360.430.540.490.63-0.230.380.45-0.430.660.30.40.78-0.48-0.920.74
-0.76-0.54-0.55-0.50.20.020.230.290.03-0.31-0.76-0.74-0.14-0.270.03-0.81-0.77-0.43-0.67-0.75-0.32-0.340.970.35-0.81
0.590.430.580.39-0.44-0.19-0.22-0.690.240.250.590.770.520.41-0.190.610.620.66-0.670.570.380.74-0.7-0.550.81
0.840.520.460.440.11-0.04-0.09-0.06-0.160.120.840.780.420.21-0.040.950.910.3-0.750.570.250.12-0.76-0.180.65
0.570.40.450.390.080.16-0.14-0.07-0.180.160.560.360.290.070.170.440.610.4-0.320.380.250.18-0.34-0.210.41
0.220.310.560.32-0.88-0.4-0.42-0.860.50.470.220.490.270.66-0.40.120.170.78-0.340.740.120.18-0.41-0.750.74
-0.76-0.54-0.56-0.50.250.070.230.32-0.01-0.28-0.76-0.7-0.26-0.310.08-0.81-0.78-0.480.97-0.7-0.76-0.34-0.410.36-0.84
-0.25-0.27-0.59-0.260.570.470.270.64-0.65-0.32-0.25-0.42-0.42-0.790.47-0.22-0.25-0.920.35-0.55-0.18-0.21-0.750.36-0.58
0.740.60.720.57-0.58-0.1-0.43-0.570.190.510.740.820.250.46-0.10.680.720.74-0.810.810.650.410.74-0.84-0.58
Click cells to compare fundamentals

MFS High Account Relationship Matchups

MFS High fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets209.4M220.6M175.7M155.0M139.5M166.4M
Total Stockholder Equity133.4M137.7M105.0M93.0M83.7M120.0M
Net Tangible Assets139.0M133.4M137.7M105.0M94.5M123.8M
Retained Earnings8.7M13.1M(19.7M)(22.1M)(25.5M)(26.7M)
Accounts Payable757.9K7.8M687.4K1.9M2.2M2.0M
Net Receivables4.0M5.9M3.0M2.5M2.9M3.8M
Total Liab866.3K7.8M70.7M62.0M71.3M44.8M
Long Term Investments205.4M214.6M172.7M152.5M137.3M162.2M
Other Assets2.2K2.3K2.3K(531.7K)(478.6K)(454.6K)
Other Current Liab(757.9K)(7.8M)(687.4K)(1.9M)(1.7M)(1.7M)
Total Current Liabilities866.3K7.8M704.0K2.0M2.2M2.1M
Non Current Assets Total205.4M214.6M172.7M152.8M137.5M160.6M
Non Currrent Assets Other(205.4M)(214.6M)(172.7M)(152.5M)(137.3M)(144.1M)
Liabilities And Stockholders Equity209.4M220.6M175.7M155.0M139.5M162.6M
Other Current Assets(4.0M)(5.9M)(3.0M)(2.5M)(2.2M)(2.4M)
Total Current Assets4.0M5.9M3.0M2.8M3.2M2.8M

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